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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Linamar enters exclusive manufacturing agreement and invests in IMSystems · Endata

◂ Announcements

Aug 11, 2021PARTNERSHIPNetherlands, Netherlands

Linamar enters exclusive manufacturing agreement and invests in IMSystems

Linamar Corporation entered an exclusive Global Manufacturing Agreement with IMSystems to bring the Archimedes Drive transmission system to market, and made a minority equity investment as part of a €3 million Series A round.

Value

$3.50M (3.00M EUR)

Status

Announced

ProductsArchimedes Drive transmission systemgearbox

CompaniesLinamar partner Innovative Mechatronic Systems B.V. partner

Sectors#Automation and Robotics #Industrial Machinery

“This strategic partnership is another great step for us into the opportunistic industrial robotics market, given the growing global trend of industrial automation.”newswire.ca

1 source
newswire.caLinamar Announces Global Exclusive Manufacturing Agreement and Investment in Automation & Robotics Gearbox Leader IMSystemsLinamar CorporationAug 11, 2021

Summarized from public sources; check the original articles before acting on it.

More from Linamar

Sep 28, 2021CONTRACT
Linamar signs manufacturing agreement with eMatrix Energy Systems
Linamar eMatrix Energy Systems partner autotechinsight.spglobal.com
May 3, 2021PARTNERSHIP
Ballard and Linamar form strategic alliance for fuel cell powertrains for light-duty vehicles
Ballard Power Systems partner Linamar partner newswire.ca
Feb 13, 2020EXPANSIONOrosháza, Hungary, Hungary100 jobs
Linamar expands Orosháza facility for aerial work platforms
Linamar dteurope.com
Feb 13, 2020NEW FACILITYBékéscsaba, Hungary, Hungary$85.0M150 jobs
Linamar establishes European electro-mobility center in Békéscsaba, Hungary
Linamar dteurope.com
Dec 31, 2019INVESTMENTDiors, near Châteauroux, France$16.8M
Linamar invests over €15M in Montupet light metal casting plant in Diors
Linamar Montupet partner echoduberry.fr
Dec 10, 2019CONTRACTGuelph, Ontario, Canada$5.00M
Linamar signs manufacturing agreement with Synaptive Medical
Linamar Synaptive Medical customer newswire.ca design-engineering.com

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